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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Grand Banks Yachts's Revenue for the
six
months ended in Dec. 2025 was S$71.4 Mil. Grand Banks Yachts's Total Assets for the quarter that ended in Dec. 2025 was S$183.5 Mil. Therefore, Grand Banks Yachts's Asset Turnover for the quarter that ended in Dec. 2025 was 0.39.
Asset Turnover is linked to ROE % through Du Pont Formula. Grand Banks Yachts's annualizedROE % for the quarter that ended in Dec. 2025 was 5.65%. It is also linked to ROA % through Du Pont Formula. Grand Banks Yachts's annualizedROA % for the quarter that ended in Dec. 2025 was 3.20%.
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Grand Banks Yachts's annulizedROA % for the quarter that ended in Dec. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Grand Banks Yachts Asset Turnover Related Terms
Grand Banks Yachts Asset Turnover Historical Data
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The historical data trend for Grand Banks Yachts's Asset Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SGX:G50 vs AS, HAS, LTH: Asset Turnover Comparison
For the Leisure subindustry, Grand Banks Yachts's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Grand Banks Yachts Asset Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grand Banks Yachts's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Grand Banks Yachts's Asset Turnover falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Grand Banks Yachts (SGX:G50) has a Asset Turnover of 0.39 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Grand Banks Yachts and its competitors.
Is Grand Banks Yachts' Asset Turnover too high?
Grand Banks Yachts' current Asset Turnover is 0.39. Overall, Grand Banks Yachts has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Banks Yachts' Asset Turnover compare to AS and HAS?
Grand Banks Yachts' Asset Turnover of 0.39 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Grand Banks Yachts and its competitors. Grand Banks Yachts's current Asset Turnover is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Banks Yachts stock overvalued right now?
Based on GuruFocus' analysis, Grand Banks Yachts (SGX:G50) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.63, compared to a current price of S$0.73 — trading 15.9% above its estimated fair value. The current Asset Turnover is 0.39. Grand Banks Yachts' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Grand Banks Yachts (SGX:G50), the current Asset Turnover is 0.39 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Grand Banks Yachts (SGX:G50) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Banks Yachts stock appears to be overvalued.
The current stock price of S$0.73 is trading 15.9% above its estimated GF Value™ of S$0.63.
GuruFocus considers Grand Banks Yachts to be Modestly Overvalued.
Key valuation signals for SGX:G50:
Asset Turnover: 0.39
GF Value™: S$0.63 vs. price of S$0.73 (15.9% above fair value)
No single metric tells the full story. See the SGX:G50 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Banks Yachts Ltd, along with its subsidiaries, is an investment holding company involved in manufacturing, selling, and exporting luxury yachts overseas. The company has two segments: Manufacturing and Trading, and Others. The Manufacturing and Trading segment involves the manufacturing and sale of yachts to end customers. The Others segment includes ancillary sales such as brokerage income, service income, and sales of trade-in boats. The majority of the company's revenue comes from the Manufacturing and Trading of Yachts segment. Geographically, the company exports its products to the United States of America, Europe, Australia, and Asia, with the United States of America generating the maximum revenue.
66GF Score
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